Examine with the use of case studies, the significance of business strategy analyses (Domestic, multi business, multifunctional) and the various analysis tools utilized, including their application to short, long term objectives and grand strategies ?
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Examine with the use of case studies, the significance of business strategy analyses (Domestic, multi business, multifunctional) and the various analysis tools utilized, including their application to short, long term objectives and grand strategies ?
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- Who is Michael Porter? What is his argument as it relates to business strategy?can you please explain according to generic business strategy models, which one is most appropriate for this case and explainUsing the Strategy Diamond (Arenas Vehicles, differentiators, , staging, and economic logic), identify the elements of TOMS Shoes' strategy for each element in the strategy diamond.
- explain why the strategic management is often called a capstone courseUsing the Strategy Diamond, identify the elements of TOMS Shoes' strategy. Is this strategy "mission driven?" Explain your reasoning. Evaluate this strategy using the 3 Tests of a Winning StrategyExplain the levels of involvement in strategic management and the role ofstaff at each level. How does the strategy hierarchy facilitate this?
- Summarize pages 271-294 of "The Art of Strategy",understanding the difference between competitive advantage, information an understanding of the basic concepts of strategic management. Then discuss what is interesting, educational, insightful, etc about all of this.Then, Discuss how the reading and these topics coorlates with busineess and military strategies. Link to the book:Moon, H. (2018). The Art of Strategy: Sun Tzu, Michael Porter, and Beyond. Cambridge: Cambridge University Press. https://www.cambridge.org/core/books/art-of-strategy/750631323D026BBC278E608276F6E94BChoose any organisation of your choice and employ the “SWOT Matrix” to demonstrate the current strategic position of the organization and clearly indicate the strategy options available to help match that organization’s internal environmental elements against its external environmental elementsHow do we determine the strength of a company’s current strategy? What elements do you consider most important to consider?
- Under the SAFe critertia for strategic evaluation, how the suitability of a strategy can be evaluated? Provide example to show the understanding of the suitability evaluation process.Answer the following questions:A. What do you understand by the term business strategy?B. List and describe the basic types of business strategy.3. Among the six elements of strategic thinking, which one do you think you strongly possess? Which one are you yet to develop? Explain your answer. 4. Why is it practical that both strategic analysis and intuitive thinking should be used? Explain your answer.